UPDATE 1-VW's Czech unit Skoda posts 33 pct H1 profit drop

Newswire

(Adds background, company comment) PRAGUE, July 28 (Reuters) - Skoda Auto, a fully-owned unit of Germany's Volkswagen and the biggest Czech export earner, said on Monday its first-half net profit dropped 33 percent year-on-year to 977 million crowns ($34.97 million). Sales dipped to 76.08 billion crowns from 77.04 billion a year ago and unit car sales fell to 226,266 from 228,386 last year, Skoda said in a statement. "The forecast economic recovery has yet to come but there are some ...

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